WAPIC Declares N654.44m PAT in Q2 2020 Result, (SP:N0.31k)

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Wednesday, July 29, 2020 / 4:04 PM / NSE / Header Image Credit: Wapic Insurance Plc


Wapic Insurance Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.


Key Highlights

  • Gross Premium Written grew by +7.7% to N9.34bn from N8.66bn in the previous quarter.

  • Profit before tax grew by 105.76% to N824.71m.

  • Profit after tax grew by 114.56% to N654.44m.

  • Net Assets grew by 30.4% from N18.52bn to N24.15bn.

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